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KS Revenue Receipts Fall Short

(KAIR)--Although Kansas collected $69.2 million more than the previous fiscal year to date, total tax receipts through May were $5.1 billion or $73.8 million less than estimates.

That word Wednesday in a press release issued by the Kansas Department of Revenue. 

The agency reports that individual income tax receipts for May were $58 million less than expected, while corporate income tax receipts were $15 million below estimates.

Sales tax receipts beat estimates by $3.9 million but use tax fell $1.4 million short for the month. 

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